NASDAQ:SKYX SKYX Platforms (SKYX) Stock Price, News & Analysis $0.91 +0.01 (+1.11%) (As of 09/16/2024 ET) Add Compare Share Share Today's Range$0.90▼$0.9450-Day Range$0.76▼$1.2252-Week Range$0.72▼$1.95Volume95,759 shsAverage Volume309,304 shsMarket Capitalization$91.29 millionP/E RatioN/ADividend YieldN/APrice Target$4.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get SKYX Platforms alerts: Email Address SKYX Platforms MarketRank™ Stock AnalysisAnalyst RatingBuy3.25 Rating ScoreUpside/Downside338.9% Upside$4.00 Price TargetShort InterestHealthy4.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.82Based on 14 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.34) to ($0.22) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.58 out of 5 starsBusiness Services Sector173rd out of 311 stocksElectric Lighting & Wiring Equipment Industry3rd out of 4 stocks 3.6 Analyst's Opinion Consensus RatingSKYX Platforms has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSKYX Platforms has only been the subject of 3 research reports in the past 90 days.Read more about SKYX Platforms' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.95% of the float of SKYX Platforms has been sold short.Short Interest Ratio / Days to CoverSKYX Platforms has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in SKYX Platforms has recently decreased by 2.64%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSKYX Platforms does not currently pay a dividend.Dividend GrowthSKYX Platforms does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SKYX. Previous Next 2.7 News and Social Media Coverage News SentimentSKYX Platforms has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 14 news articles for SKYX Platforms this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for SKYX on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added SKYX Platforms to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SKYX Platforms insiders have not sold or bought any company stock.Percentage Held by Insiders33.00% of the stock of SKYX Platforms is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 11.79% of the stock of SKYX Platforms is held by institutions.Read more about SKYX Platforms' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for SKYX Platforms are expected to grow in the coming year, from ($0.34) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SKYX Platforms is -1.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of SKYX Platforms is -1.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSKYX Platforms has a P/B Ratio of 5.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about SKYX Platforms' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Brownstone Research My big AI project…On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.Just click here to register. About SKYX Platforms Stock (NASDAQ:SKYX)SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling's electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.Read More SKYX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKYX Stock News HeadlinesSeptember 13 at 3:05 AM | americanbankingnews.comSKYX Platforms (NASDAQ:SKYX) Upgraded at Roth CapitalSeptember 13 at 1:21 AM | americanbankingnews.comSKYX Platforms Corp. Expected to Post Q3 2024 Earnings of ($0.08) Per Share (NASDAQ:SKYX)September 16, 2024 | InvestorPlace (Ad)44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. But now a looming disaster is threatening America. And it's unlike anything we've ever experienced before.September 12, 2024 | americanbankingnews.comSKYX Platforms (NASDAQ:SKYX) Coverage Initiated at Roth MkmSeptember 11, 2024 | investing.comRoth/MKM sees major potential for SKYX Platforms stock, cites SkyOutlet systemSeptember 11, 2024 | msn.comRoth MKM Initiates Coverage of SKYX Platforms (SKYX) with Buy RecommendationAugust 19, 2024 | globenewswire.comSKYX to Collaborate with EGLO, European World Leading Design and Manufacturer of Decorative Lighting and Ceiling FansAugust 14, 2024 | markets.businessinsider.comBuy Rating Justified: SQL Technologies’ Strong Growth and Strategic PartnershipsSeptember 16, 2024 | InvestorPlace (Ad)44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. But now a looming disaster is threatening America. And it's unlike anything we've ever experienced before.August 14, 2024 | msn.comSKYX Platforms Corp. (NASDAQ:SKYX) Q2 2024 Earnings Call TranscriptAugust 13, 2024 | seekingalpha.comSKYX Platforms Corp. (SKYX) Q2 2024 Earnings Call TranscriptAugust 12, 2024 | investorplace.comSKYX Stock Earnings: SKYX Platforms Beats EPS, Beats Revenue for Q2 2024August 12, 2024 | globenewswire.comSKYX Reports Record Second Quarter Sales of $21.4 Million Compared to $15.0 Million for Second Quarter 2023 as it Continues to Grow its Market Penetration in the U.S and Canada of its Advanced and Smart Platform ProductsAugust 7, 2024 | globenewswire.comSKYX Announces Corporate Update CallAugust 1, 2024 | lse.co.ukSkyx Platforms Corp Share Price (SKYX.US)August 1, 2024 | cnn.comThe best trading platforms for beginners in July 2024July 30, 2024 | finance.yahoo.comEXCLUSIVE: SKYX Collaborates With Home Depot For Smart Plug & Play ProductsJuly 30, 2024 | benzinga.comEXCLUSIVE: SKYX Partners With Home Depot For Smart Plug & Play ProductsSee More Headlines Receive SKYX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SKYX Platforms and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/12/2024Today9/16/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Electric lighting & wiring equipment Sub-IndustryElectrical Equipment Current SymbolNASDAQ:SKYX CUSIPN/A CIK1598981 Webwww.safetyquicklight.com Phone(855) 759-7584FaxN/AEmployees30Year FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$5.00 Low Stock Price Target$2.00 Potential Upside/Downside+338.9%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.46) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,730,000.00 Net Margins-43.51% Pretax Margin-43.50% Return on Equity-260.53% Return on Assets-49.18% Debt Debt-to-Equity Ratio0.88 Current Ratio0.77 Quick Ratio0.62 Sales & Book Value Annual Sales$84.22 million Price / Sales1.08 Cash FlowN/A Price / Cash FlowN/A Book Value$0.18 per share Price / Book5.06Miscellaneous Outstanding Shares100,168,000Free Float67,113,000Market Cap$91.29 million OptionableNo Data Beta-2,865.94 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Ran Roland Kohen (Age 58)Founder & Executive Chairman Comp: $656.4kMr. John P. Campi (Age 79)Co-Chief Executive Officer Comp: $150kMr. Leonard Jay Sokolow CPA (Age 67)Econ., LL.M., Co-CEO & Director Comp: $274.55kMr. Steven M. Schmidt (Age 69)President Mr. Marc-Andre Boisseau (Age 59)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $194kMs. Patricia Ann Barron (Age 63)Chief Operations Officer Comp: $161.63kMr. Eliran Ben-ZikriCTO & GM of Sky's Israeli OfficeMr. Rob PowellChief Compliance Officer & General CounselMr. Jonathan GlobersonVice President Design & MarketingMr. Michael PerrilloVice President of Global SalesMore ExecutivesKey CompetitorsCaesarstoneNASDAQ:CSTEByrna TechnologiesNASDAQ:BYRNSolid PowerNASDAQ:SLDPGrafTech InternationalNYSE:EAF374WaterNASDAQ:SCWOView All CompetitorsInstitutional OwnershipPoint72 Asia Singapore Pte. Ltd.Bought 83,651 shares on 8/15/2024Ownership: 0.084%Choreo LLCBought 52,680 shares on 8/7/2024Ownership: 0.286%Matrix Asset Advisors Inc. NYBought 35,000 shares on 7/15/2024Ownership: 0.100%View All Institutional Transactions SKYX Stock Analysis - Frequently Asked Questions How have SKYX shares performed this year? SKYX Platforms' stock was trading at $1.60 at the beginning of 2024. Since then, SKYX shares have decreased by 43.0% and is now trading at $0.9114. View the best growth stocks for 2024 here. How were SKYX Platforms' earnings last quarter? SKYX Platforms Corp. (NASDAQ:SKYX) posted its earnings results on Monday, August, 12th. The company reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.11) by $0.03. The business earned $21.45 million during the quarter, compared to the consensus estimate of $22 million. SKYX Platforms had a negative net margin of 43.51% and a negative trailing twelve-month return on equity of 260.53%. When did SKYX Platforms IPO? SKYX Platforms (SKYX) raised $20 million in an initial public offering on Thursday, February 10th 2022. The company issued 1,650,000 shares at a price of $11.00-$13.00 per share. Who are SKYX Platforms' major shareholders? SKYX Platforms' top institutional shareholders include Choreo LLC (0.29%), Matrix Asset Advisors Inc. NY (0.10%) and Point72 Asia Singapore Pte. Ltd. (0.08%). Insiders that own company stock include Dov Shiff, John P Campi and Ran Roland Kohen. View institutional ownership trends. How do I buy shares of SKYX Platforms? Shares of SKYX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:SKYX) was last updated on 9/16/2024 by MarketBeat.com Staff From Our Partners44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. 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